Indonesia
INDONESIA SENDS OFF US$1 MILLION KRATOM EXPORTS TO THE US AND EUROPE
Indonesia’s Trade Minister Budi Santoso sent off 13 containers of export consignments of kratom products made by PT Oneject Indonesia to the US and Europe, weighing 351 tons with a total value of US$1.053 million. Kratom is a herbal substance derived from the leaves of the Mitragyna speciosa tree, which is native to Southeast Asia. Kratom is often consumed in various forms, such as capsules, powder, tea, or liquid extracts.Santoso highlighted that the exported kratom is in the form of finished products rather than sheets of leaves, aligning with Trade Minister's Regulation No. 21 of 2024 concerning the types and sizes of kratom eligible for export. The minister then stated that Indonesian kratom farmers suffered losses and missed economic opportunities in the absence of a regulation prohibiting the export of this commodity in its raw form. "In essence, kratom leaves are eligible for export only in the form of crumbs or powder that measure less than 600 microns. Kratom measuring above that is considered a raw product," he elaborated. He also drew attention to the government's natural resources' downstreaming policy, suggesting that Indonesians export kratom products of even higher value. Furthermore, Santoso expressed optimism that the existing regulation would help farmers and industries achieve growth and progress.Source: https://en.antaranews.com/news/346621/minister-sends-off-us1-million-kratom-exports-to-the-us-europe?utm_source=antaranews&utm_medium=mobile&utm_campaign=latest_category (ICE GIACARTA)
Fonte notizia: ANTARA NEWS, 28 February 2025